Extreme Plastics Plus, Inc. Bankruptcy New Filing Alert: Motion For Authority To Obtain Debtor-In-Possession Financing

On February 1, 2016, a motion for authority to obtain debtor-in-possession financing was filed in the bankruptcy case of Extreme Plastics Plus, Inc. and its affiliates.

The filing was assigned docket number 11 and is described on the court’s official docket as follows:

Motion to Approve Use of Cash Collateral Motion for Entry of Interim and Final Orders (A) Authorizing Postpetition Use of Cash Collateral, (B) Granting Adequate Protection to the Secured Parties, (C) Scheduling a Final Hearing Pursuant to Bankruptcy Rule 4001(b), and (D) Granting Related Relief Filed By Extreme Plastics Plus, Inc. (Attachments: # (1) Exhibit A)(Sullivan, William)

Extreme Plastics Plus, Inc. filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on January 31, 2016. The bankruptcy case is pending before the United States Bankruptcy Court for the District of Delaware. The case number for the lead bankruptcy case is 16-10221. The bankruptcy case is currently assigned to United States Bankruptcy Judge Christopher Sontchi. The law firm of Sullivan Hazeltine Allinson LLCĀ  is acting as lead bankruptcy counsel to Extreme Plastics Plus, Inc. in the bankruptcy case.


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